Self Help Group Loans

Greater Bank introduces special scheme for empowerment of women under self help group scheme.

    Highlights of the Schemes.

  • Working Capital Term Loans for Self Help Groups.

  • Loan Amount : Min Loan : Rs. 0.5 Lac , Max Loan : Rs. 5 Lacs.

  • Tenure : Maximum 60 months (Rs. 2,432/- per Rs. 1,00,000)

  • Interest rate: PLR + 0.50%, i.e. 13.50% + 0.50% = 14%

  • Processing fees: 0.5 % of the loan amount + service tax

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